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Wells Fargo partners with HSBC to settle FX transactions using blockchain -Breaking

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Wells Fargo (NYSE:) Partner HSBC will use the blockchain tools to settle bilateral foreign exchange (FX), transactions

Wells Fargo will use FX Everywhere, a platform developed by HSBCInterbank FX transactions The blockchain settlement platform was developed by HSBC in 2018. Transact transactions among banks in the HSBC group. This would be the latest collaboration outside of the HSBC group.